Improving the Economics of the Production Floor Through Real Time Diagnostics
tarun mishra, Entrepreneur, India

Does your production floor look quite similar to your competitor's? Machinery and process would be similar, if not the same. What is going to differentiate your production method from that of your competitor's? More detailed:
1. Do you know each and every wrong incident occurred on your production floor?
2. Do you know each and every right incident occurred on your floor?
3. Do you know the impact of these incidents on top line/bottom line in real time?
4. In one line, do you control economics of your production floor in real time?
That's what is the need for manufacturing floor today in order to create and sustain the competitive advantage. Automation has already contributed its due and has been replicated by everybody. Going further an organization need to require complete visibility and granular economic control of production floor through real time diagnostics. The diagnostics will provide:
1. Most complete, comprehensive and correct information.
2. Actionable insights in real time to fasten the response time.
3. Creation of Collaborative knowledge and symmetric dissemination of knowledge to all stakeholders( shop floor to top floor).